Search Results - subject:"STOCK PRICES"

Did you mean: subject:"STOCK price" (54,076 results)

Caporale, Guglielmo Maria; Gil-Alana, Luis A. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2010

In this paper we use fractional integration techniques to examine the degree of integration of four US stock market indices, namely the Standard and Poor, Dow Jones, Nasdaq and NYSE, at a daily frequency from January 2005 till December 2009. We analyse the weekly structure of the series and...

Persistent link: https://www.econbiz.de/10008693467

Financial integration, monetary policy and stock prices: Empirical evidence for the new EU member states

PIROVANO, Mara - Faculteit Toegepaste Economische Wetenschappen, … - 2010

We provide empirical evidence on the interaction between monetary policy and stock prices in 4 new EU member states of … twofold. We analyze the monetary transmission mechanism through stock prices in the NMS and we determine the extent to which … Republic and Poland we find a significant negative effect of contractionary monetary policy on stock prices. Moreover, we find …

Persistent link: https://www.econbiz.de/10008695003

Can Common Stocks Provide A Hedge Against Inflation? Evidence from African Countries

Alagidede, Paul; Panagiotidis, Theodore - Rimini Centre for Economic Analysis (RCEA) - 2010

elasticities of stock prices with respect to consumer prices range from 0.015 for Tunisia to 2.264 for South Africa, evidence of a … positive long-run relationship. Further, the time path of the response of stock prices to innovations in consumer prices …

Persistent link: https://www.econbiz.de/10008469819

Regional Financial Integration in the GCC

Espinoza, Raphael A.; Williams, Oral; Prasad, … - International Monetary Fund (IMF) - 2010

We investigate the extent of regional financial integration in the member countries of the Gulf Cooperation Council. The limited volume data available suggests that regional integration is non-negligible. Bahrain and Kuwait investments especially are oriented towards the region. The development...

Persistent link: https://www.econbiz.de/10008470389

Jump-robust volatility estimation using nearest neighbor truncation

Andersen, Torben G.; Dobrev, Dobrislav; Schaumburg, Ernst - Federal Reserve Bank of New York - 2010

We propose two new jump-robust estimators of integrated variance based on high-frequency return observations. These MinRV and MedRV estimators provide an attractive alternative to the prevailing bipower and multipower variation measures. Specifically, the MedRV estimator has better theoretical...

Persistent link: https://www.econbiz.de/10008461965

Can Common Stocks Provide A Hedge Against Inflation? Evidence from African Countries

ALAGIDEDE, PAUL; Panagiotidis, Theodore - Department of Economics, University of Stirling - 2010

Persistent link: https://www.econbiz.de/10008461983

Fractional integration and cointegration in stock prices and exchange rates

Aloy, Marcel; Boutahar, Mohamed; Gente, Karine; … - HAL - 2010

the long-run relationships between stock prices and exchange rates. …

Persistent link: https://www.econbiz.de/10008793955

Herding of institutional traders: New evidence from daily data

Kremer, Stephanie - Fachbereich Wirtschaftswissenschaft, Freie Universität … - 2010

This paper sheds new light on herding of institutional investors by using a unique database that identifies every transaction made by financial institutions in the German stock market. First, the analysis reveals that herding behavior of institutions occurs daily. Second, replication of the...

Persistent link: https://www.econbiz.de/10008794599

Heterogeneity in Stock Pricing: A STAR Model with Multivariate Transition Functions

Lof, Matthijs - Volkswirtschaftliche Fakultät, … - 2010

Stock prices often diverge from measures of fundamental value, which simple present value models fail to explain. This … found to have nonlinear effects on stock prices. A two-step estimation procedure is proposed to select the transition …

Persistent link: https://www.econbiz.de/10009004075

Kuwait; Financial System Stability Assessment: Update

International Monetary Fund (IMF); International … - 2010

The study shows that the global financial crisis has adversely affected Kuwaitâ€™s financial system, especially in the Investment Company (IC) sector. Stress tests indicate that, in contrast to the ICs, the banking system could broadly withstand significant shocks. The Central Bank of...

Persistent link: https://www.econbiz.de/10011244313